The Business-Automated Data Economy Model Shifted Towards Sustainability, 2018 Update

被引:0
|
作者
Bodislav, Dumitru-Alexandru [1 ]
Diaconu, Amelia [2 ]
Mitrita, Marcela [1 ]
机构
[1] Bucharest Univ Econ Studies, Bucharest, Romania
[2] Artifex Univ, Bucharest, Romania
来源
关键词
Emerging markets; bubble; model performance; artifical intelligence; macroeconomic output;
D O I
10.14207/ejsd.2018.v7n4p333
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This research is based on an algorithm developed for the American stock market for increasing the efficiency of closed funds, which had as secondary output a suitable and sustainable model that could be partially scaled to fit issues regarding automated decision making at government level, similar to a basic Business Intelligence solution (follows similar procedures like the workflow of IBM Cognos), which offers a solution in cutting to best suitable path for making a governmental decision, e.g.: if a country needs investment in roads infrastructure, healthcare or education, by using the principles behind this simple model you could yield the results and come to the best solution or best fitted regarding the global economic output. The model is based on companies traded on NASDAQ and LSE because they offer the best suitable cases for transparency, credible auditing and also it emulates the economic sectors that form a nationwide economy. The synergy between Big Data analysis, BI practices and processing power could lead to new business designed by investment banks and complex software developers: the business of automated decision making to reduce the paths that could be followed in developing a country or a private investment. In the following paper we highlight an update developed on a research started 8 years ago which developed into a fully operational economic model.
引用
收藏
页码:333 / 338
页数:6
相关论文
共 50 条
  • [21] Towards an Integrated Maturity Model of System and E-Business Applications in an Emerging Economy
    Cataldo, Alejandro
    Astudillo, Cesar A.
    Gutierrez-Bahamondes, Jimmy H.
    Gonzalez-Martinez, Luis
    McQueen, Robert
    JOURNAL OF THEORETICAL AND APPLIED ELECTRONIC COMMERCE RESEARCH, 2020, 15 (02): : 1 - 14
  • [22] Lessons on business model scalability for circular economy in the fashion retail value chain: Towards a conceptual model
    Hultberg, Emelie
    Pal, Rudrajeet
    SUSTAINABLE PRODUCTION AND CONSUMPTION, 2021, 28 : 686 - 698
  • [23] Circular economy e-business model portfolio development for e-business applications: Impacts on ESG and sustainability performance
    Fatimah, Yun Arifatul
    Kannan, Devika
    Govindan, Kannan
    Hasibuan, Zainal Arifin
    JOURNAL OF CLEANER PRODUCTION, 2023, 415
  • [24] Are Malaysian companies ready for the big data economy? A business intelligence model approach
    Luen, Wong Kee
    Hooi, Chuah Min
    Fook, Ong Seng
    PROCEEDINGS OF THE INTERNATIONAL CONFERENCE ON ACCOUNTING STUDIES (ICAS) 2015, 2015, : 113 - 119
  • [25] Analysis of financial business model towards big data and its applications
    Wang, Yupeng
    JOURNAL OF VISUAL COMMUNICATION AND IMAGE REPRESENTATION, 2020, 71
  • [26] Towards Circular Economy implementation: an agent-based simulation approach for business model changes
    Lieder, Michael
    Asif, Farazee M. A.
    Rashid, Amir
    AUTONOMOUS AGENTS AND MULTI-AGENT SYSTEMS, 2017, 31 (06) : 1377 - 1402
  • [27] Towards Circular Economy implementation: an agent-based simulation approach for business model changes
    Michael Lieder
    Farazee M. A. Asif
    Amir Rashid
    Autonomous Agents and Multi-Agent Systems, 2017, 31 : 1377 - 1402
  • [28] Sharing Economy and New Business Model Development Based on Internet of Things Big Data
    Yin, Lisha
    MOBILE INFORMATION SYSTEMS, 2022, 2022
  • [29] Data Driven Business Model: A Strategy for Transparency in the Sharing Economy. A Bibliometric Overview
    Luis-Bassa, Carolina
    Gonzalez-Rodriguez, Thibisay
    COMPUTATIONAL AND DECISION METHODS IN ECONOMICS AND BUSINESS, 2022, 388 : 226 - 260
  • [30] Towards utilizing Customer Data for Business Model Innovation: The Case of a German Manufacturer
    Michalik, Alexander
    Moeller, Frederik
    Henke, Michael
    Otto, Boris
    10TH CIRP CONFERENCE ON INDUSTRIAL PRODUCT-SERVICE SYSTEMS, IPS2 2018, 2018, 73 : 310 - 316